European External Action Service

10/15/2024 | Press release | Distributed by Public on 10/15/2024 06:10

A Prosperous and Sustainable Africa and Europe - Report

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A Prosperous and Sustainable Africa and Europe - Report

15.10.2024

The report provides a concise overview of the progress made in delivering on the commitments from the 6th EU-AU Summit, under the "Joint Vision for 2030" aimed at a prosperous and sustainable Africa and Europe. It highlights alignment with AU Agenda 2063 and the UN's Sustainable Development Goals (SDGs), with progress tracked through consultations and reviews by key EU and AU bodies.

The Global Gateway Africa-Europe Investment Package, endorsed at the summit, is on track with its EUR 150 billion investment target by 2027, with 95 Team Europe Initiatives (TEIs) already developed for Africa. Key flagship projects, particularly in Africa, are advancing, with visible results in areas requiring technical and financial arrangements. Civil society and youth engagement are also emphasized as crucial drivers for success.

The link to the report below

https://international-partnerships.ec.europa.eu/document/4c1aff16-6870-4fd2-9838-2f8bb8bf7772_en